Asked by rahel khosravi on Jun 09, 2024
Verified
Terms such as "acquisition," "merger," "diversification," and "global expansion" signal an underlying growth strategy.
Diversification
A strategy of investing in a variety of assets to reduce overall risk.
Acquisition
The process of obtaining control of another company or asset through purchase or agreement.
Global Expansion
The strategic growth of a company beyond its home country, entering new markets to increase market share, diversify, and achieve economies of scale.
- Identify different growth strategies including mergers, acquisitions, and global expansion.
Verified Answer
OW
Odessa WhiteJun 16, 2024
Final Answer :
True
Explanation :
Terms such as "acquisition," "merger," "diversification," and "global expansion" are all considered growth strategies in business.
Learning Objectives
- Identify different growth strategies including mergers, acquisitions, and global expansion.
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